97624 Property Tax Rate

Property owners in ZIP code 97624 (Chiloquin, Oregon) pay a median of $1,657/year in property taxes on homes valued at $242,300. This translates to an effective tax rate of 0.68%, which is 8% below the Oregon state average of 0.74%.

The monthly property tax burden for a median-valued home in 97624 is approximately $138, which factors into escrow payments on mortgages. This ZIP code is located within Klamath County. This is $1,338 less than the Oregon average of $2,995/year.

Compared to similar ZIP codes in Oregon, 97624 has lower property taxes. ZIP codes with similar effective rates include 97825 (0.69%) and 97456 (0.69%).

In Chiloquin, property taxes represent approximately 3.4% of the median household income of $49,145, providing context for the relative tax burden on homeowners in this area.

Under Oregon's Measure 50, your assessed value is capped at 3% annual increase, but resets to market value at purchase—expect your tax bill to reflect your buying price in the year following closing. Klamath County does not offer a statewide homestead exemption; seniors 65+ and disabled homeowners should contact the Klamath County Assessor within 30 days of purchase to apply for available county relief programs. Request your Notice of Assessed Value and file a formal appeal with the Klamath County Assessor if the assessed value exceeds comparable recent sales.